Sunday, June 26

Can not be! Intel director reaffirms chip shortage will continue until 2023 | Levelup

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The COVID-19 pandemic has been a historical event that has changed many things, especially at the commercial and production level. Unfortunately, different industries have dealt with the onslaught caused by the health crisis, experienced in their sectors through the suspension of operations of the manufacturing and distribution chains, but in the end the battle continues to be lost and now the expectations are that there will be improves until 2023, as pointed out, again, by the CEO of Intel.

2022 and 2023 will be years of shortage of semiconductors and therefore consoles

During a media conference in Kuala Lumpur, Malaysia (via The Gamer), Pat Gelsinger, CEO of Intel, reaffirmed his estimate that the global semiconductor shortage will continue until 2023, the year in which it is expected to achieve a balance that will yield better results to meet the demand of different sectors, including the of video games, particularly console manufacturers, as new generation systems such as PlayStation 5 and Xbox Series X are scarce in different markets.

Video: BITS – Will PlayStation 5 Beat Chip Shortage?

The pandemic continues to affect the manufacturing and distribution chains of chips

According to the head of Intel, the effects of the pandemic are still being felt in this sector related to processors, semiconductors and everything that has to do with the pieces of hardware responsible for current technology. In this regard, Gelsinger stated: “COVID interrupted supply chains, turning everything negative. Demand exploded 20% year after year and interrupted supply chains created a very large gap; that explosive demand has persisted.”

Currently there is a period where demand is greater than supply and this has led to products such as the aforementioned consoles reaching the most important markets in limited quantities. Hence, there are places where finding a PS5 or Xbox Series X is a real feat. At the same time, the semiconductor shortage has led to the formation of a scene of hoarders and resellers who are taking advantage of the situation to grab these high-end graphics cards or consoles and offer them online at exorbitant prices.

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